Today, we are delving into a comprehensive review of Qfs X Ledger, specifically focusing on the website qfsxledger.com. Our goal is to evaluate the authenticity and reliability of this platform, based on various user experiences and detailed analysis.

On July 1, 2023, a person from Ohio, USA, filed a complaint with the BBB, reporting a scam involving $336. They encountered a man named Alex Vasa, aka the “West Coast Wizard,” who recommended qfsxledger.com for storing cryptocurrency. After depositing their cryptocurrency, the complainant found themselves unable to withdraw funds and received uncooperative responses from Alex Vasa.

Qfsxledger.com was registered on June 7, 2023, through Whogohost Limited, for a duration of one year. In August 2023, it received 352 visits, according to SimilarWeb, and holds a 2% SEMrush Authority Score.

Qfsxledger positions itself as a leading asset security company, emphasizing its advanced encryption and authentication methods for asset protection. They claim a large user base and offer 24/7 customer service. However, their self-reported user base doesn’t align with their actual traffic volume.

1. Alarmist Language: The homepage hints at a “global event and a blackout coming soon,” which could be perceived as a scare tactic.
2. Lack of Regulatory Oversight: There’s no information about any regulatory approvals, which is concerning for a financial asset handling company.
3. Professionalism Issues: The site contains formatting and grammatical inconsistencies.
4. Lack of Transparency: Absence of concrete information about the company’s location, executives, or history.

MintonBlock labeled Qfsxledger.com as an offshore scam broker. The platform is reported to operate without necessary regulations and uses misleading information to appear legitimate. They also employ dubious practices like using stock images as staff photos and changing their name and URL without notifying users.

Our investigation into Qfsxledger.com uncovers multiple red flags typical of offshore scam brokers. From their unverified claims of security and expertise to the lack of regulatory oversight and transparency, there are significant concerns about their legitimacy and safety.

We urge extreme caution with Qfsxledger.com. If you’ve invested in this platform, consider stopping further transactions. We recommend dealing only with regulated and transparent platforms.

If you have been a victim of an online scam or have suffered financial loss, please share your experience below. We are here to offer guidance and support in recovering your funds.